The increase in competition in the United States between 1958 and 1988 was not a result of

Question

Quizplus · Accepted Answer

Import quotas limit the amount of foreign goods that can enter a country, thus reducing competition from foreign producers. Therefore, an increase in import quotas would not contribute to increased competition in the United States between 1958 and 1988. Instead, the increase in competition during this time period was likely due to increased imports, deregulation, antitrust activity, and penetration of markets by foreign producers.

The Increase in Competition in the United States Between 1958